15 Via Hermosa, Rancho Santa Margarita, California 92688, Rancho Santa Margarita, 92688 - 2 bed, 2 bath
15 Via Hermosa
Rancho Santa Margarita, California 92688
Property Price
SUMMARY
Analysis of 15 Via Hermosa, Rancho Santa Margarita, California 92688 is currently available with a list price of $615,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Rancho Santa Margarita Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1987, this property is well-maintained and clean but shows significant signs of being outdated. The kitchen features older white appliances and cabinetry, and the overall interior finishes, including light fixtures and bathroom styles, appear to be from previous decades without recent major renovations. It fits the criteria of an aged home maintained through regular upkeep but requiring modern updates.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
About 15 Via Hermosa
Welcome to Rancho Santa Margarita living at its best. This light and bright end-unit condo is ideally located in one of the community’s most desirable neighborhoods. The 2-bedroom, 2-bath home features high ceilings, large windows, and an open living and dining area filled with natural light. The kitchen is bright and functional, offering ample storage and a dedicated dining nook. The primary suite includes an en-suite bath, generous closet space, and direct access to a private patio with warm, inviting views. A spacious front patio provides additional outdoor living space. In-unit laundry and a dedicated one-car garage with extra storage add everyday convenience. Residents enjoy access to the community pool and spa, along with SAMLARC amenities including the lake, beach club, 13 parks, playgrounds, sports courts, picnic areas, extensive hiking and biking trails, and award-winning Saddleback Valley schools. Conveniently located near shopping, dining, and freeway access.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 38,995 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $497.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,006 | 1,010 | 49% |
| Lot Size | 38,995 | 14,925 | 67% |
| Price | $615.0K | $650.0K | 43% |
| Price per sq ft | $611 | $662 | 30% |
| Built year | 1987 | 1990 | 22% |
| HOA | $497.0 | $452 | 76% |
| Days on market | 84 | 178 | 14% |
Pricing History
Listed for Sale
Jan 25, 2026
$615,000
$625,000
-2% Price Drop
Initial Listing
Price Change
Dec 13, 2025
$625,000
Initial Listing